What happens if we don't close futures on expiry?
I'm curious about something related to futures trading. Could you please explain what happens if we don't close our futures positions on expiry? I've heard rumors that it could lead to some unfavorable outcomes, but I'm not entirely sure how it works. Could you clarify this for me? Do the contracts automatically roll over or do we have to manually do something? And what are the potential risks or consequences if we don't take action? I'd really appreciate it if you could provide some insights into this matter.